The housing market plays a significant role in determining the cost of living in Ada, OK.
Considering your move to Ada, OK, it's essential to note its population of and a median age of , which suggests a relatively young community. The median income stands at , yet with a poverty level at %, there may be economic challenges for some residents. A low unemployment rate of % indicates a stable job market. Additionally, the percentage of married families is at %, hinting at a community-oriented environment. All these factors should help you weigh the pros and cons of making Ada your new home.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ada, OK.
Living in Ada, OK could entail higher utility costs. Electricity costs sit at 12.37, while natural gas is priced at 20.27 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Ada, OK, consider the following factors: